Innovation

Innovation articles

26 03, 2018

Egoistic Altruism – The reason why innovating for individual gain helps everyone

By | 2018-03-26T12:59:01+00:00 March 26th, 2018|Innovation|0 Comments

The video above is a wonderful explanation of a concept of innovation which is so often overlooked: Individuals who lead innovation gain the most from it. But society gains even more overall in the long run. At its most fundamental level, it is driven by the forces of economics. Kurzgesagt, a wonderful Youtube channel explaining [...]

11 03, 2018

How to defeat “Loss Aversion” – the #1 reason why middle managers kill innovation

By | 2018-03-14T20:59:39+00:00 March 11th, 2018|Innovation|0 Comments

In this article, you are going to learn exactly what Loss Aversion is, why is creates crippling fear in middle managers and decision-makers, and a simple model for how you can reframe your company's thinking which encourages more innovation projects to thrive. A few weeks ago, I was leading a discussion at Deloitte about exactly [...]

6 11, 2017

Diminishing law of innovation returns and the problem with “better”

By | 2017-11-06T13:23:31+00:00 November 6th, 2017|Innovation|1 Comment

Every company thinks that they can innovate by making their product better. But eventually, this concept of "better" begins to become irrelevant. If an entire industry is trying to innovate in the same way, eventually progress will become almost impossible to notice from a customer's perspective and innovation will plateau. This is not to say [...]

1 09, 2017

5 Must-Have Traits of Startup Founders

By | 2017-09-01T12:51:13+00:00 September 1st, 2017|Innovation|1 Comment

Entrepreneurs often must find a successful way to differentiate their venture from the competition in a challenging marketplace. This challenge is combined with the goal of trying to make ends meet when expenses are high and income may be low, trying to determine what consumers truly want or need, and more. As the leader of [...]

18 08, 2017

4 Reasons Great Leaders Are Not Afraid to Fail

By | 2017-08-18T16:35:19+00:00 August 18th, 2017|Innovation|0 Comments

Many people have an overwhelming fear of failure. This usually stems from societal programming that tells us how negative and even shameful failure is. However, the reality is that failure is a necessary part of life. It is just one step of thousands you will take. It is unreasonable to expect to complete each task [...]

30 07, 2017

Innovation and the Tech World

By | 2017-07-27T11:49:24+00:00 July 30th, 2017|Innovation|0 Comments

While the world of Technology has filled the world with tools of productivity and connection, it has its drawbacks. Many people today suffer from the shadow side of technology. Droves of burned out, screen-addicted zombies sign up for Digital Detox weekends. Families schedule nights without cellphones at the table once a week or only allow [...]

26 07, 2017

Back to Basics: Elements in the Product Story

By | 2017-07-26T17:04:25+00:00 July 26th, 2017|Innovation|0 Comments

Many companies and people confuse what they mean when discussing Value Propositions, Benefits, and Features. Be clear with your product marketing. Value Proposition: Definition: A value proposition is the concise statement of the overarching solution to your customer’s problem.  The solution then is not your product or its technical details, but the solution your product or service provides; i.e. the [...]

21 07, 2017

15 most important Innovation Theories your company should be using

By | 2017-07-26T19:06:23+00:00 July 21st, 2017|Innovation|12 Comments

Every company says that innovation is important, and that they value the ideas of their people. In fact, creativity is becoming a core skill which companies know they need in the future. Yet the problem lies in the fact that so few established companies actually know how to go about getting value out of their [...]

22 06, 2017

Give us Your Lions!

By | 2017-06-22T19:38:48+00:00 June 22nd, 2017|Innovation|1 Comment

Command-and-control, top-down organizations have the most trouble innovating. In particular, the fearful mindsets that review, align, and sign off on “decks” to be presented to Vice President-level colleagues often edit out the insights and recommendations that have the power to grow the business in new ways. These well-trained, obedient keepers of the status quo are [...]

16 06, 2017

The 9 indicators that your corporate innovation programme is failing

By | 2017-06-16T11:47:53+00:00 June 16th, 2017|Innovation|1 Comment

My colleagues over at the Board of Innovation have put together a great little Slideshare presentation which I recommend everyone have a look at. It is all about the indicators that an innovation programme may in fact be failing. Check out the slideshare here below: 9 Indicators That Prove That Your Innovation Programme Will Fail [...]

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